Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-12-24
STATE OF TRADE.
z, G.. Dun & Co.'S. Weekly Review @!
Trade and What tt Says OF the
Activity of Business.
Ths Iron Trade UnsettIed-rhs Prices OF
wooI-Oottons are Firm NJ Advances.
$he Leather Trade.

NEW YORK, Dec. 2S-R. G. Dun & Co,
1 IL their weekly review of trade say
Business throughout the country il
scuve for the season and though collec
sszs ct some points are slow and credits
sre strained the reports are general.
J satisfactory, bat the uncertainty ant
tssitstion affect Important branches O
productions and the industrial OUTLOOK
does not improve. Currency is in good
supply, even where payments are slowest
Some speculation has been generally
sctivc and the general level c!
trices though higher than week
$50 In mos. speculative markets, have, or
{ he whole, declined little since July l.
: he average prices in speculative markets
have advanced l5 per cent. with the ten
ieEcY still upward, while the average ad-
vance of all other prices has been Sc pei
s cent. with tendency downward. These
iscts indicate activity In trading rather
3 tban satisfactory relations Of supply and
demand.
The iron trade is unsettled, with
s sales of several thousand tons of Birm-
ingham pig here, while at Philadelphia
cEers of 81 below the market are noted
{ Sales of 400, 900 tons OF steel have been
& usde during the week and generally a.
terms netting about S34. Bar iron is
) Seaker, and the tendency to shrinkage in
s the demand is not only 10 crude, but in
nsny manufactured forms of iron and
steel.
"Wool is not active, and prices range
! 10 to Is per cent. below those of May
5 lsst, Notwithstanding the decrease in i'm
5 ports and home production, which shows
& scsrtsilmept of the manufacture.
d "Cottous are g IN at recent advances,
snd in good demand for the season, print
cloth having this week risen to SIC bid
8 but the continued large supply caused
& NV cotton 70 recede tc.
1.-THE boot and shoe business is doing
s veil, Sno 1t is noted that purchases are
s iready hurrying their orders, while
4 he leather trade improves but slightly ii
St all.
1.-THE Lehigh coal strike continues, and
,ha conse qsent financial strain is in soms
starters severe. The men have slrea dy
struck Several manufacturing establish
gents have closed for the present, and
the repsirs usual st this season are likely
. 10 continue longer than usual IL matte RS
10 not change. The trade IN holiday
goods is ls'ge and unusually good. In
st. Paul, Detroit and other points the
Weather is noticed as causing dulness in
some branches of business and at few
Olher points activity continues in
retail trade. The wholesale business
Ilibits some sAriDksge, but the general
Volume f trade shown in bank clesriags
SEVEN now fully as large as last years
at this period. Notwithstanding the ex-
pected Z aiding strike stocks have aveT-
ssed fraction higher than week ago.
but the market has been exceed
Ggly dull. Wheat has risen IL,
oil ST. cone !, : with better
distribution, and hogs &c; pork 25c per
airrsl. Tin has been lif ed lc and copper
utthanged. The sugar market shows
10 change. though the Louisiana crop is
reported fully 100, Geo hogsheads larger
han last year Exports of wheat shrink
s. prices advance. Up to December in
whess and -four $4,000 600 bushels had
gone out against IS, SEQ 600 the same date
ast year. Leaving off the
sstizated surplus OF $4,000, 900 bushels
EOre than last years reports for the re-
RIining seven months. 1t is an encoar-
aging fact that siogalarl, little disturb
ance kss SIS yet appeared in the regions
where real estate speculation was active
snd tae payment of Interest on mortgages
do not seem unusually delayed even
when crops hEys been short. A
Chicago agency having $3.50 coo interest
due On mortgages January l had already
received more than halt the smount, De-
ceuser Is 1t is observed, too, that de-
lands for money from the interior d.
RHish at Chicago, although that city is
still drawing from New York and the
srssure for money there does not sbate.
Foreign trade shows 8 small decrease in
Imports while exports from this city for
.nree weeks has been ga per cent. below
these of the corresponding week last
! year.
The business failures during the last
seven days are for the United States, 261,
snd for Canada, 90; total, 29o, compared
With 2SS last week and 263 for the CORES